German real estate
Central Bank recorded the growth of Russian demand for the purchase of foreign real estate
The amount of cross-border transfers from Russia in 2018 amounted to $ 37,062 million, according to data from the Central Bank of Russia. Compared with the previous year, this figure increased by 18.4%. The amount that the Russians spent on the purchase of foreign real estate, also increased – by 12.3%. This amount is $ 1,234 million, or 3.33% of the total volume of transfers. The growth of cross-border transfers from Russia in order to purchase real estate has been marked for the second year in a row. As in 2017, the volume of cross-border transactions began to show active growth in the third quarter of the year. Continue reading
Commercial real estate in European cities: investors’ expectations and reality
From the beginning of 2019, it is time to take stock of the year 2018. At the same time, experts face the challenge of making predictions for the future. How did the European commercial real estate market last year, and what do investors expect in the future?
General trends for 2018
How did the European commercial real estate market last year?
How did the European commercial real estate market last year? Wavebreakmedia / Depositphotos Continue reading
Who buys real estate in Germany?
According to Colliers, in 2017 the volume of investments in commercial real estate in Germany amounted to 57.3 billion euros. It not only became a record for the last 10 years, but also exceeded the corresponding average figure for the same period by 70%.
During the first half of 2018, the number of foreigners among investors increased to 45%. Their contribution to real estate in Germany exceeded 25 billion euros. Continue reading